Onix Solar EnergyBOM:513119 -2.03%57 ROA % is 12.75% as of Mar. 2026, which is 306% above its 10-year median of 3.14. GuruFocus rates BOM:513119 with a GF Score™ of 57/100 and a GF Value™ of ₹810.91 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,025 Semiconductors companies, Onix Solar Energy ranks better than 88.29% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Onix Solar Energy's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹1,027 Mil.
Onix Solar Energy's average Total Assets over the quarter that ended in Mar. 2026 was ₹8,054 Mil. Therefore, Onix Solar Energy's annualized ROA % for the quarter that ended in Mar. 2026 was 12.75%.
The historical rank and industry rank for Onix Solar Energy's ROA % or its related term are showing as below:
BOM:513119'
s ROA % Range Over the Past 10 Years
Min: -8.41 Med: 3.14 Max: 34.69
Current: 13.62
During the past 13 years, Onix Solar Energy's highest ROA % was 34.69%. The lowest was -8.41%. And the median was 3.14%.
BOM:513119's ROA % is ranked better than 88.29% of 1025
companies
in the Semiconductors industry
Industry Median: 2.47
vs BOM:513119: 13.62
Onix Solar Energy (BOM:513119) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Onix Solar Energy ROA % Related Terms
Onix Solar Energy ROA % Historical Data
* Premium members only.
The historical data trend for Onix Solar Energy's ROA % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Solar subindustry, Onix Solar Energy's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Onix Solar Energy ROA % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Onix Solar Energy's ROA % distribution charts can be found below:
* The bar in red indicates where Onix Solar Energy's ROA % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Onix Solar Energy (BOM:513119) has a ROA % of 12.75% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Onix Solar Energy and its competitors. This is 306% above median its historical median of 3.14. According to the industry distribution chart, Onix Solar Energy ranks #120 out of 1025 companies in the Semiconductors industry, placing it in the top 11.7%.
Is Onix Solar Energy's ROA % too high?
Onix Solar Energy's current ROA % of 12.75% is 306% above median its 10-year median of 3.14. The Semiconductors industry median ROA % is 2.47. Onix Solar Energy's value of 12.75% is 416.2% above this industry median. Based on the distribution chart, Onix Solar Energy ranks #120 out of 1025 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Onix Solar Energy has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Onix Solar Energy's ROA % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Onix Solar Energy ranks #120 out of 1025 companies for ROA %. This places Onix Solar Energy in the top 12% of its industry — outperforming the majority of peers. The industry median ROA % is 2.47. Onix Solar Energy's value of 12.75% is 416.2% above this benchmark. While the company's 10-year median is 3.14 vs. the industry median of 2.47, Onix Solar Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Semiconductors company?
The median ROA % among Semiconductors companies is 2.47, based on 1,025 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Onix Solar Energy's current ROA % of 12.75% is 416.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Onix Solar Energy and its competitors. For the Semiconductors industry, the median ROA % is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Onix Solar Energy's current ROA % is 12.75%, which is 306% above median its own 10-year median of 3.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Onix Solar Energy stock overvalued right now?
Based on GuruFocus' analysis, Onix Solar Energy (BOM:513119) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹810.91, compared to a current price of ₹656.40 — trading 19.1% below its estimated fair value. The current ROA % is 12.75%, which is 306% above median its 10-year median of 3.14 and 416.2% above the Semiconductors industry median of 2.47. Onix Solar Energy's overall GF Score™ is 57/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Onix Solar Energy (BOM:513119), the current ROA % is 12.75% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Onix Solar Energy (BOM:513119) Overvalued in 2026?
Based on GuruFocus' analysis, Onix Solar Energy stock appears to be undervalued.
The current stock price of ₹656.40 is trading 19.1% below its estimated GF Value™ of ₹810.91.
GuruFocus considers Onix Solar Energy to be Modestly Undervalued.
Key valuation signals for BOM:513119:
ROA %: 12.75% (306% above median its 10-year median of 3.14)
GF Value™: ₹810.91 vs. price of ₹656.40 (19.1% below fair value)
Industry Position: 416.2% above the Semiconductors median (#120 of 1025)
No single metric tells the full story. See the BOM:513119 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Onix Solar Energy Ltd is engaged in the manufacturing of solar panels, delivering high-quality and efficient products to support the renewable energy sector. The company also undertakes the trading of solar modules, ensuring a complete supply chain solution for solar energy products. The company mainly operates in a single segment, i.e., trading in solar panels and other solar-related goods.
57GF Score
Get the complete analysis for BOM:513119
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:513119 has been successfully added to your 
